Monthly Rent Report
Gravesend Rent Report — July 2022
Asking rents in ZIP 11223, New York City, from 52 listings.
Median 1BR rent in Gravesend was $1,925 in July 2022, up 20.3% (+$325) from June 2022 and up 14.9% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,988. That puts Gravesend $341 below the New York City citywide 1BR median of $2,266. The month's figures are based on 52 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$20 (+1.4%) | −$430 (-22.3%) | $1,495 – $1,495 | 3 |
| Studio | $1,523 | +$48 (+3.2%) | −$402 (-20.9%) | $1,495 – $1,550 | 4 |
| 1BR | $1,925 | +$325 (+20.3%) | +$250 (+14.9%) | $1,825 – $1,988 | 6 |
| 1BR | $2,000 | +$400 (+25.0%) | +$325 (+19.4%) | $1,775 – $2,303 | 8 |
| 2BR | $2,050 | −$50 (-2.4%) | +$255 (+14.2%) | $1,850 – $2,100 | 11 |
| 2BR | $2,100 | $0 (0.0%) | +$305 (+17.0%) | $2,100 – $2,100 | 1 |
| 3BR | $2,500 | −$100 (-3.8%) | +$600 (+31.6%) | $2,400 – $2,800 | 13 |
| 3BR | $2,600 | $0 (0.0%) | +$700 (+36.8%) | $2,600 – $2,600 | 1 |
| 4BR | $3,450 | +$50 (+1.5%) | +$850 (+32.7%) | $3,125 – $3,500 | 4 |
| 4BR | $2,800 | −$600 (-17.6%) | +$200 (+7.7%) | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — July 2022
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $2,245 | −$750 (-33.4%) |
| Studio | $1,523 | $2,245 | −$722 (-32.2%) |
| 1BR | $1,925 | $2,266 | −$341 (-15.0%) |
| 1BR | $2,000 | $2,266 | −$266 (-11.7%) |
| 2BR | $2,050 | $2,800 | −$750 (-26.8%) |
| 2BR | $2,100 | $2,800 | −$700 (-25.0%) |
| 3BR | $2,500 | $3,250 | −$750 (-23.1%) |
| 3BR | $2,600 | $3,250 | −$650 (-20.0%) |
| 4BR | $3,450 | $4,495 | −$1,045 (-23.2%) |
| 4BR | $2,800 | $4,495 | −$1,695 (-37.7%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.